Firminy Capital Sarl is a securities investment company registered in Luxembourg and headquartered in France. Drawing on the substantial experience of its banking, securitization, and structured finance professionals, Firminy Capital Sarl manages four sub-funds focused on specific geographic regions and business sectors such as alternative energy.
In a move that suggests the ever-growing relevance of alternative energy, one of the world’s most profitable companies has announced that it will now operate entirely on renewable energy sources. Beginning in 2017, all of Google’s office spaces and data centers, which employ some 60,000 people, will draw 100 percent of their electricity from sources primarily including solar and wind power.
According to Google’s European energy lead Marc Oman, it took five years for the company to reach this lofty sustainability goal. He notes that the decision to go completely green was not merely a cultural one, but also a financial one and that renewable energy is now one of the most cost-effective options for large corporations. In the future, the company could even explore the option of nuclear power.
Google already solidified its position as the world’s largest corporate buyer of renewable energy in 2015 when it announced that it would draw 44 percent of its electricity from wind and solar power. Google’s ongoing commitment to clean energy is a noteworthy effort to help curb greenhouse gas emissions in the technology sector, which now accounts for nearly 2 percent of global emissions.